WealthBridge Capital Management LLC Lowers Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

WealthBridge Capital Management LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,328 shares of the exchange traded fund’s stock after selling 377 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.6% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 14th largest position. WealthBridge Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $5,636,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Phillips Financial Management LLC lifted its holdings in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares in the last quarter. Brooklyn Investment Group lifted its holdings in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares in the last quarter. Avion Wealth purchased a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $47,000. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $52,000. Finally, Kestra Investment Management LLC purchased a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $53,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $166.66 on Thursday. The company has a market capitalization of $20.47 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $167.30. The firm’s 50 day simple moving average is $162.08 and its two-hundred day simple moving average is $155.41.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).